BLOCKCHAIN PROPULSION, a Swiss-based global accelerator program that assists startups and enterprises to develop blockchain-powered businesses, has announced a strategic partnership with the Canton Schwyz to support the local blockchain ecosystem. As part of the long-term partnership, BLOCKCHAIN PROPULSION will establish a new Propulsion Hub in the Canton, offering prospective projects specialist expertise and support in the blockchain/crypto space through its accelerator program and contributing towards building a vibrant local blockchain community.

Comprised of an international team of
seasoned blockchain entrepreneurs, BLOCKCHAIN PROPULSION offers expertise in
business model design, token economics, legal and regulatory compliance,
blockchain development, marketing, security, investor outreach, asset
tokenization, STO launchpad, workspaces, and a blockchain academy. BLOCKCHAIN
PROPULSION’s program is geared towards enabling early-stage startups as well as
existing enterprises to develop blockchain-powered businesses and to raise
capital through a variety of methods, including Security Token Offering (STO),
private equity placement, and traditional venture capital, while providing
market access for projects to scale operations internationally through its
Propulsion Hubs in key countries around the world (e.g. Switzerland, The
Netherlands, United States, Brazil, Turkey, South Korea, India, China, and the UAE).

Stefan Deiss, Founder and CEO of
BLOCKCHAIN PROPULSION, said: “I’m delighted that the significant traction we
have experienced continues to gain momentum with the opening of our new
Propulsion Hub in Pfäffikon (SZ) – the economic center of Canton Schwyz with
the lowest tax burden for corporations and private individuals, and well-known
for hosting FinTech companies, hedge funds, private equity funds, asset
management firms, and family offices. As an integral part of our collaboration
with the Office for Economy Canton Schwyz, we have signed a partnership
agreement with the local workspace provider Wunderraum, offering flexible and affordable workspaces with modern
infrastructure for our blockchain projects.

Mathias Ulrich, Deputy Head – Office
for Economy of Canton Schwyz, stated: “The Canton Schwyz stands to gain
tremendously from an influx of ambitious and innovative blockchain projects.
Our close collaboration with BLOCKCHAIN PROPULSION will undoubtedly strengthen
the top credentials of Canton Schwyz as a business-friendly location and
fertile ground for blockchain innovation. This is the start of an exciting
period of building our local blockchain ecosystem and enabling our community to
participate in this new industry.”

Elisabeth Hirtl, Co-founder and Managing
Director of Wunderraum, said: “It’s great news that BLOCKCHAIN PROPULSION has selected
Wunderraum as strategic partner for the provision of modern and fully serviced
workspaces for its blockchain projects. We not only offer flexible coworking
spaces, private offices, meeting rooms, and event space, but an ideal environment
for startups to connect with like-minded entrepreneurs.”

Deiss concluded: “Today is another
great example of our commitment to inclusiveness, offering equitable access to
opportunities and networks to fuel the progression and adoption of blockchain
and distributed ledger technology (DLT). We relish the opportunity to share our
vast experience of the blockchain industry and contribute towards the growth of
the blockchain ecosystem in Canton Schwyz, while fostering local and
international projects to domicile in the Canton and benefit from its impressive
investor-centric community.”

BLOCKCHAIN PROPULSION is a Swiss-based global accelerator program headquartered in
Zug (Crypto Valley) with Propulsion Hubs based in Switzerland, The Netherlands,
United States, Brazil, Turkey, South Korea, India, China, and the UAE.
Established in 2018 by an international team of experienced blockchain
entrepreneurs, the program offers a true end- to-end service, encompassing
strategy, business model design, tokenomics, technology, legal, marketing,
security, tokenization, investor outreach, workspaces, and a blockchain training
academy. The accelerator program is backed by Switzerland Global Enterprise,
Cantons Zurich, Zug, Uri, Schwyz, Greater Zurich Area, swissnex India, and the
Crypto Valley Association.

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